NOT LISTED FOR SALE

24 Old Beach Rd Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $1,538,507 - $2,499,000

11 Beds
5 Baths
4,649 Sq Ft
$456/Sq Ft Est. Value

Last Sold January 23, 2012

Last sale price $625,000 $134 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $12,843/month

59 Days on Market

Highlights

  • Marina
  • Wood Burning Stove
  • 5 Fireplaces
  • Spa
  • Wood Flooring
  • 4-minute walk to Touro Park

About This Home

As of January 2012

Victorian w/ lots of period details including gracious front entry & staircase, 5 fireplaces, high ceilings + more. Currently 3 family but could be converted back into SFM. Two patio/outdoor spaces, detached Gardener's cottage/studio, 3 car garage.

Last Agent to Sell the Property

Alyce Wright

Compass / Lila Delman Compass License #RES.0033781 Listed on: 10/25/2011

Co-Listed By

Karen Camp

Mott & Chace Sotheby's Intl. License #RES.0032533

Last Buyer's Agent

Paul Tobak

Hogan Associates Christie's License #REB.0007427

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,136

Year Built

  • Built in 1890

Lot Details

  • 0.25 Acre Lot
  • Corner Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Wood Siding
  • Shingle Siding
  • Plaster

Interior Spaces

  • 4,649 Sq Ft Home
  • 3-Story Property
  • Skylights
  • 5 Fireplaces
  • Wood Burning Stove
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Parquet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Spa
  • Patio
  • Outbuilding
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heating System Uses Steam
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 97
  • Assessor Parcel Number 24OLDBEACHRDNEWP

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Redwood/Bellevue Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,136

Year Built

Built in 1890

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2525
  • Co List Office Mls Id: LILA02
  • Co List Office Phone: 401-848-2101
  • Subdivision Name: REDWOOD/BELLEVUE
  • Above Grade Finished Sq Ft: 4649.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1890
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Owner Pays: Hot Water
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 11
  • Door Features: Storm Door(s)
  • Fireplaces: 5
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Parquet, Vinyl
  • Interior Amenities: Skylights, Cable TV, Wood Burning Stove
  • Living Area: 4649.0
  • Stories: 3
  • Window Features: Skylight(s), Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Drywall, Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Porch, Patio
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Propane, Oil, Wood
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 11000.0
  • Parcel #: 24OLDBEACHRDNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 7136.0
  • Tax Lot: 97
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2011
Closed on
Jan 24, 2012
Sold by
Field Rosamond
Bought by
Dumont Bertrand and Dumont Catherine
Seller's Agent
Alyce Wright
Compass / Lila Delman Compass
Buyer's Agent
Paul Tobak
Hogan Associates Christie's
List Price
$649,000
Sold Price
$625,000
Premium/Discount to List
-$24,000
-3.7%
Total Days on Market
59
Current Estimated Value
$2,118,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,493,127
Avg. Annual Appreciation
9.55%
Original Mortgage
$468,750
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 1999
Sold by
Stetson Nancy H
Bought by
Field Rosamond
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dumont Bertrand $625,000 --
Dumont Bertrand $625,000 --
Field Rosamond $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bertrand M Dumont Ret $441,750
Closed Catherine M Dumont Ret $450,000
Closed Dumont Bertrand $468,750
Previous Owner Field Rosamond $100,000
Previous Owner Field Rosamond $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2012 01/23/12 Sold $625,000 -3.7% $134 / Sq Ft
12/24/2011 12/24/11 Pending -- -- --
10/25/2011 10/25/11 For Sale $649,000 -- $140 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,432 $1,390,800 $625,100 $765,700
2023 $8,888 $896,000 $411,500 $484,500
2022 $8,611 $896,000 $411,500 $484,500
2021 $8,360 $896,000 $411,500 $484,500
2020 $7,599 $739,200 $349,400 $389,800
2019 $7,599 $739,200 $349,400 $389,800
2018 $7,385 $739,200 $349,400 $389,800
2017 $7,667 $683,900 $273,700 $410,200
2016 $7,475 $683,900 $273,700 $410,200
2015 $7,297 $683,900 $273,700 $410,200
2014 $6,726 $557,700 $214,000 $343,700
Source: Public Records

Agents Affiliated with this Home

  • Alyce Wright

    Seller's Agent in 2012

    Alyce Wright

    Compass / Lila Delman Compass

    (401) 662-7993

    1 in this area

    80 Total Sales

    Alyce Wright
    Section Image

  • K

    Seller Co-Listing Agent in 2012

    Karen Camp

    Mott & Chace Sotheby's Intl.

  • Paul Tobak

    Buyer's Agent in 2012

    Paul Tobak

    Hogan Associates Christie's

    (401) 862-9962

    31 Total Sales

    Paul Tobak
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Map

Source: State-Wide MLS

MLS Number: 1004296

State-Wide MLS

APN: NEWP-000025-000000-000097

Rhode Island Newport County Newport 02840 Old Beach

24 Old Beach Rd, Newport, RI

This home is located at 24 Old Beach Rd, Newport, RI 02840 since 25 October 2011 and is currently estimated at $2,118,127, approximately $455 per square foot. This property was built in 1890. 24 Old Beach Rd is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and St George's School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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